Might have more to do with online sales or the winter weather but...
Verizon iPhone Off to a Slow Start
NEW YORK (TheStreet) -- Verizon's iPhone debut drew small crowds, and if
the sampling is accurate, it pulled in a lot of Research In Motion
The national retail launch of Apple's iPhone 4 for Verizon started
Thursday, and the early lines in a few New York locations were far from
At the Verizon store in Fishkill, N.Y. there were 12 customers lined up at
6:45 a.m. ET, where nearly twice as many Verizon employees were on hand to
accommodate the sales rush. One employee carried a bullhorn, but didn't
have much of an opportunity to use it. Other employees were handing out
cold weather kits that included ski hats and hand warmers.
The long-anticipated Verizon iPhone has been a captivating topic for tech
investors looking for another leg in the Apple growth race. And where
there are winners, there also appear to be losers. RIM's stronghold on the
business user segment and its expansion into the general consumer market
seems to be the most vulnerable to the Verizon iPhone.
But the lack of lines stretching around corners and down blocks Thursday
is a minor surprise to those who may have expected immediate iPhone
sellouts. The slow showing Thursday also jibes with reports that the
Verizon iPhone sales pace is lagging AT&T's iPhone 4 debut numbers --
something that may give RIM investors some hope.
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